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Report on proceedings at the annual general meeting
STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP ISIN: ZAE000198586
("Stellar Capital" or “the Company")
REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING
The Company is pleased to advise shareholders that all the resolutions contained in the notice of annual
general meeting (“AGM” or “the meeting”) were passed by the required majority of votes by shareholders
present or represented by proxy at the AGM held at 09h30 today at Stellar Capital’s registered offices
situated at The Terraces, 25 Protea Road, Claremont, Cape Town.
Votes cast Shares voted Shares abstained
disclosed as a disclosed as a disclosed as a
percentage in percentage in percentage in
relation to the relation to the relation to the
total number of total issued total issued
shares voted at Number of shares eligible shares eligible
Resolutions the meeting shares voted to vote* to vote*
For Against
Ordinary resolution number 1
Adoption of annual financial 100.00% 0.00% 804,956,075 77.85% 0.19%
statements
Ordinary resolution number 2
Director re-election 89.47% 10.53% 804,956,075 77.85% 0.19%
(HC Steyn)
Ordinary resolution number 3
Director re-election 89.15% 10.85% 781,289,678 75.56% 2.48%
(L Potgieter)
Ordinary resolution number 4
Appointment and remuneration of 98.46% 1.54% 804,956,075 77.85% 0.19%
Auditors
Ordinary resolution number 5 98.51% 1.49% 781,289,678 75.56% 2.48%
Appointment of Audit and Risk
Committee member – L Potgieter
Ordinary resolution number 6
Appointment of Audit and Risk 94.70% 5.30% 418,614,450 40.49% 37.55%
Committee member – MVZ Wentzel
Ordinary resolution number 7
Appointment of Audit and Risk 97.49% 2.51% 804,956,075 77.85% 0.19%
Committee member – DD Tabata
Ordinary resolution number 8
Appointment of Social and Ethics 97.49% 2.51% 804,956,075 77.85% 0.19%
Committee member – DD Tabata
Ordinary resolution number 9
Appointment of Social and Ethics 95.34% 4.66% 434,121,407 41.99% 36.06%
Committee member – MVZ Wentzel
Ordinary resolution number 10
Appointment of Social and Ethics 98.55% 1.45% 804,956,075 77.85% 0.19%
Committee member – PJ van Zyl
Ordinary resolution number 11
General authority to issue shares 77.92% 22.08% 804,951,570 77.85% 0.19%
for cash
Ordinary resolution number 12
Approval of the remuneration policy 86.31% 13.69% 804,948,075 77.85% 0.19%
Ordinary resolution number 13
Approval of the remuneration 86.31% 13.69% 804,948,075 77.85% 0.19%
implementation report
Ordinary resolution number 14
Renewal of Management Agreement 79.08% 20.92% 650,694,812 62.93% 15.11%
Ordinary resolution number 15
Authorising resolution 98.56% 1.44% 804,948,075 77.85% 0.19%
Special resolution number 1
General authority to repurchase 93.93% 6.07% 804,963,595 77.85% 0.19%
shares
Special resolution number 2
Non-executive directors’ 80.08% 19.92% 804,955,395 77.85% 0.19%
remuneration
Special resolution number 3 89.14% 10.86% 781,289,198 75.56% 2.48%
General authority to provide
financial assistance
Special resolution number 4
General authority to provide
financial assistance for the
subscription of securities 79.44% 20.56% 789,456,638 76.35% 1.69%
*Total number of ordinary shares entitled to vote is 1,033,979,145 (issued share capital of 1,075,031,756
shares excluding 41,052,611 treasury shares).
The total number of ordinary shares that were present/represented at the annual general meeting:
806,923,175, being 78.04% of total number of Stellar Capital ordinary shares that could have been voted
at the annual general meeting.
The special resolutions will, where necessary, be lodged for registration with the Companies and
Intellectual Property Commission in due course.
Cape Town
26 November 2019
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26-11-2019 03:00:00
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